INDUS CENTER FOR ACADEMIC EXCELLENCE

EIN: 383229386 501(c)(3) Education

Southfield, MI

Total Revenue
$356,165
Total Expenses
$357,034
Total Assets
$1,379,963
Net Assets
$1,299,682
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
MI
Principal Officer
Prem Khetan
Phone
2486417932
Tax Period
2025-01-01 to 2025-12-31

INDUS CENTER FOR ACADEMIC EXCELLENCE, founded in 1995, is a small nonprofit in the Education sector that reported $356K in total revenue in fiscal year 2025. Revenue surged 73% from the prior year, signaling strong growth momentum. Net assets of $1.3M represent 44 months of operating reserves.

Mission

To provide an environment that promotes academic excellence and to stimulate the thinking process amongst the participants to help them perform above and beyond the normal requirements of their respective schools.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $214,532
Investment Income $111,832
Other Revenue $29,801
TOTAL REVENUE $356,165

Expense Breakdown

Grants Paid $0
Salaries & Benefits $268,765
Fundraising Expenses $0
Program Expenses $357,034
Other Expenses $88,269
TOTAL EXPENSES $357,034

Year-over-Year Comparison

2025 2024 Change
Revenue $356,165 $206,258 +0.7%
Expenses $357,034 $348,807 +0.0%
Net Income $-869 $-142,549 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
14
Independent Members
14
Employees
13
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$121,317
Total Directors
18
$121,317
Key Employees
2
$121,317
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Khetan Raghunath DIRECTOR 050.00
Officer Director Key Emp Highest
$76,371 $0 $76,371
Khetan Prem Lata ADMINISTRATIVE 033.00
Officer Director Key Emp
$44,946 $0 $44,946
Rathod Harin Vice President 002.00
Director
$0 $0 $0
Kanetkar Gunesh Secretary 003.00
Director
$0 $0 $0
Palanichamy Gurusamy Trustee 002.00
Director
$0 $0 $0
Pathak Santosh Trustee 002.00
Director
$0 $0 $0
Yarlagadda Vanaja Trustee 002.00
Director
$0 $0 $0
Bollapalli Sri Trustee 002.00
Director
$0 $0 $0
Goddla Vijay Trustee 002.00
Director
$0 $0 $0
Mital Rahul Trustee 002.00
Director
$0 $0 $0
Bhupendra Jariwala Trustee 002.00
Director
$0 $0 $0
Talluri Nag President 008.00
Director
$0 $0 $0
Wang Shufang Trustee 002.00
Director
$0 $0 $0
Yeole Sandip Trustee 002.00
Director
$0 $0 $0
Singh Sabjit Trustee 002.00
Director
$0 $0 $0
Ramesh Gopal Treasurer 002.00
Director
$0 $0 $0
Chalasani Neelima Trustee 002.00
Director
$0 $0 $0
Patwardhan Ajay Trustee 002.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $356,165 $357,034 $1,379,963 $-869
2024 No data No data No data No data
2023 $186,500 $334,927 $1,512,690 $-148,427
2022 $228,458 $364,155 $1,660,314 $-135,697
2021 $302,627 $395,147 $1,816,815 $-92,520
2020 $341,989 $402,967 $1,935,329 $-60,978
2019 $412,282 $432,073 $2,018,881 $-19,791
2018 $447,268 $423,221 $2,034,811 $24,047
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